COST ACCOUNTANT

POSITION SUMMARY:



Functions as a business support person to the plant and financial management team. Responsible for

plant level costs and control including cost accounting, bill of material audits, and cost analysis.

Works closely with manufacturing to understand issues and how they impact the financial results as well as educate/inform department(s)on cost drivers and variances.

Also act as liaison with corporate financial staff, as required.



MAJOR RESPONSIBILITIES INCLUDE:



• Interact with Production Control to ensure Bills of Materials (BOM) are accurate and up to date.

• Review and audit BOM’s to ensure they reflect the latest manufacturing practices.

• Analyze actual labor, material, and overhead cost against Standard/Budget.

• Research and explain variances and report this information weekly monthly or as needed.

• Work with the finance department to implement and apply cost accounting policies and procedures as they are derived.

• Support Controller’s efforts for implementing and maintaining internal controls for operations, sales, engineering, and finance.

• Development of new labor and overhead rates, budget, and forecasts.

• Perform ad hoc product/plant cost analysis to support the operations.

• Additional responsibilities per management.

• Prepare detailed account analysis and reconcile sales, cost and inventory, liability accounts by customer type by division etc

• Ensure timely submission, accuracy and validity of inventory, gross margin schedules to management

Job Details

Date Posted:	2014-06-30
Job Location:	Jeddah , Saudi Arabia
Job Role:	Accounting/Banking/Finance
Company Industry:	Industrial; FMCG

Preferred Candidate

Career Level:	Mid Career
Gender:	Male
Degree:	Bachelor's degree / higher diploma

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Date Posted: June 30, 2014 at 10:19AM

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COST ACCOUNTANT